Prime London lettings market hindered by limited supply
The number of lets agreed last month was 56% below the pre-pandemic September average, reports LonRes.
Supply levels recovering in prime London’s lettings market
The number of properties available to let is up by over 60% compared to a year ago, but levels are still around 40% below where they were in 2019.
Stock levels recovering in Prime London’s lettings market, but still a long way off pre-pandemic levels
The total number of available homes remains some 50% lower than five years ago.
Rental growth stabilises in ‘subdued’ Prime London lettings market
Annual rental growth of 3.8% was up only slightly last month, while activity levels fell back after a good start to the year.
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Self-employed broker agency buys rival
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Super-prime PCL agency reports ‘solid’ start to 2025, as international buyers drive £300mn deal run
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Agency seals over £100mn of deals in Little Venice
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Nobu unveils plans for debut UK branded resi project
High-end hospitality group teams up with developer Salboy on £360mn scheme in Manchester, marking the A-list restaurant brand's first foray into Britain’s luxury real estate market.
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Rosewood launches first standalone resi scheme
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Norway buys 25% of Shaftesbury’s Covent Garden estate
Norwegian oil fund strikes again in Prime Central London, acquiring another significant chunk of West End real estate.
By PrimeResi
Prime London prices post year-on-year growth for the first time since mid-2023
Supply is outpacing demand, but positive sign 'might motivate buyers to become more active,' suggests LonRes.
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